Mount Gibson Iron Ltd. announced the appointment of senior Australian business executive and international finance expert Mr. Simon Bird as an independent, non-executive director. Mr. Bird is the fourth independent director to join the company in the past nine months. The company also announced that Mr. Li Shaofeng has replaced Mr. Cao Zhong as a non-executive director. Mr. Li was previously an alternate director. He is a nominee of the Shougang Group and vice chairman and managing director of Shougang Holding (Hong Kong) Limited. Mr. Cao has resigned as a director of the company, having been appointed in December 2008. Mr. Bird has also been appointed to the company's Audit Committee as its finance expert. Mr. Bird has 27 years of international finance experience. He is presently the CEO of King Island Scheelite Ltd. Until December 2008, Mr. Bird was Stockland Ltd's General Manager Finance. Prior to that he was Chief Financial Officer at GrainCorp Ltd. for six years and spent two years as Chief Financial Officer of Wizard Mortgage Corp. Mr. Bird is a Non-Executive Director and Chairman of the Audit Committee of Metals Finance Limited and a former director of CPA Australia Limited and Kosciusko Alpine Club Limited. Mr. Li is the vice chairman and managing director of Shougang Holding (Hong Kong) Limited. Mr. Li is the managing director of Shougang Concord International Enterprises Company Limited and the chairman of each of Shougang Fushan Resources Group Limited, Shougang Concord Century Holdings Limited, Shougang Concord Technology Holdings Limited, Shougang Concord Grand (Group) Limited and Global Digital Creations Holdings Limited. He is also a director of Sinocop Resources (Holdings) Limited.